Investor Presentaiton

Income Statement Highlights Total Revenue (EGP bn) 24.6 2016 Revenue 31% CAGR 42.9 2017 46.6 42.5 2018 2019 12.2 Q4-2018 -1% ELSEWEDY ELECTRIC Gross Profit (EGP bn) Gross profit Gross profit margin 24% 24% 21% 9.0 8.2 17% 7.2 5.9 17% 18% 12.1 Q4-2019 2016 2017 2018 2019 2.9 2.0 Q4-2018 Q4-2019 Revenues grew 10% y-o-y to EGP 46,628.8 million in FY 2019. Top line growth was driven by turnkey projects, which grew by 45% y-o-y. The segment's overall top line contribution has risen significantly y-o-y, almost matching that of the core wires and cables segment. Gross Profit rose by 14% y-o-y to EGP 8,194.0 million in FY 2019, with the GPM registering a 0.7 percentage point climb to 17.6% during the year. EBITDA (EGP bn) EBITDA EBITDA Margin Net Income (after Minority Interest) (EGP bn) Net Income after Minority Net Income Margin 16% 20% 15% 18% 18% 14% 14% 14% 6.4 7.8 12% 5.0 12% 11% 6.4 9% 4.0 6.1 3.9 4.5 2016 2017 2018 2019 1.7 2.4 Q4-2018 Q4-2019 EBITDA climbed 6.2% y-o-y to EGP 6,434.2 million in FY 2019, yielding an EBITDA margin of 13.8% down by 0.5 percentage points y-o-y. Elsewedy Electric | Investor Presentation FY 2019 2016 1.5 1.3 2017 2018 2019 Q4-2018 Q4-2019 Net Income after Minority Interest came in at EGP 4,021.8 million in FY 2019 compared to EGP 4,991.9 million in FY 2018, representing a 19.4% decline y-o-y and an 8.6% net profit margin. 27

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